Resources in Response to COVID-19

This article was published on: 03/19/2020

The North Central Regional Planning Commission is working hard to ensure current programs continue to operate as seamlessly as possible during this time. Recognizing the impact of Coronavirus (COVID-19) on individuals and businesses in the region, this resource page is intended to provide helpful information. It will be updated as needed.

Community Resources

Community Development Block Grant Coronavirus Response Supplement (CDBG-CV)
This is Federal funding made available to the state’s Community Development Block Grant program to support community responses to the COVID-19 crisis. CDBG-CV has two funding categories: Economic Development and Meal Programs. *IMPORTANT NOTE: Businesses do not apply for CDBG-CV grants directly through the Department of Commerce. Kansas counties and cities are eligible to apply for CDBG-CV grants through the Department of Commerce and will then work with local businesses and organizations to disburse funds. Funds will be awarded on a first-come, first-served basis until all funds have been disbursed.

More Information: Information and applications are available at the Kansas Department of Commerce website. To learn more, check out the CDBG-CV FAQ’s available from the Kansas Department of Commerce or contact the NCRPC for assistance.

Business Financial Resources

Back to Business Economic Development and Connectivity Grants
The Strengthening People and Revitalizing Kansas (SPARK) Task Force has approved more than $130 million in relief funding for economic development and connectivity in the state. These dollars are being awarded in the form of grants to eligible businesses. There are 10 grant categories:

  • Connectivity Emergency Response Grant – Applications now closed
  • Broadband Partnership Adoption Grant
  • Small Business Working Capital Grant – Applications now closed
  • Securing Local Food Systems Grant
  • PPE Procurement Grant
  • PPE Manufacturing Grant
  • Manufacturing Technical Education Grant
  • COVID-19 Bioscience Product Development Acceleration Grant – Applications now closed
  • Domestic Supply Chain Fortification Grant
  • IT, Cybersecurity & IT Project Management Grant – Applications now closed

The online application portal opened at Noon on Wednesday, August 19th, 2020. Funds are expected to go quickly. Check the Kansas Department of Commerce website for the latest availability and information.

More Information and to Apply: Visit the Kansas Department of Commerce COVID Response page and review the Economic Development & Connectivity information.

Innovation Stimulus Program
The Technology Development Institute at Kansas State University is offering the Innovation Stimulus Program as a result of CARES funding provided by the U.S. Economic Development Administration. The program offers existing businesses or entrepreneurs who have been adversely impacted by COVID-19 the ability to apply for no cost engineering and business development assistance. The program provides up to $150,000 worth of services with a project cap of $20,000 for any single project.

Examples of projects which could fit within the program would be:

  • Design, engineering or prototyping of new concepts
  • Creation of SolidWorks models
  • Creation of production drawings or other manufacturing documentation
  • Conducting preliminary customer/market research
  • Conducting preliminary intellectual property research
  • Creation of websites or marketing materials
  • Other areas of technical support as needed

More Information: Learn more and apply at the Technology Development Institute (TDI) website.

USDA Business and Industry CARES Act Program (BICAP)
This program makes available up to $1 billion in loan guarantees to help rural businesses meet their working capital needs during the COVID-19 pandemic. It also may assist agricultural producers that are not eligible for USDA Farm Service Agency loans.

Program Highlights:

  • Bank loan guaranteed 90% by USDA
  • Business located in community under 50k in population
  • Use of proceeds:  Operating capital, inventory, and ongoing debt service
  • Maximum loan amount based on 12 months operating capital less PPP award and EIDL grant/loan (up to $25 million)
  • Interest rate set by bank
  • Term up to 10 years
  • Payment deferral for 12 months, but interest will accrue.
  • $1 for $1 market value collateral coverage
  • Personal guaranty

More Information: View the Fact Sheet and learn more at the USDA Rural Development website.

U.S. Small Business Administration Economic Injury Disaster Loans and Loan Advance
Eligible small businesses and agricultural businesses may apply for an Economic Injury Disaster Loan (EIDL) Advance of up to $10,000. This advance is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue due to the COVID-19 pandemic. SBA resumed processing EIDL applications that were submitted before the portal stopped accepting new applications on April 15 and will be processing those applications on a first-come, first-served basis. On June 15, SBA began accepting new EIDL and EIDL Advance applications from qualified small businesses and U.S. agricultural businesses.

More Information: View the Fact Sheet for the U.S. Small Business Administration Economic Injury Disaster Loans. Applicants may apply online, receive additional disaster assistance information and download applications from the SBA.

U.S. Small Business Administration Paycheck Protection Program* (Funds currently Depleted)
*The program closed August 8, 2020.

The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. SBA will forgive loans if all employee retention criteria are met, and the funds are used for eligible expenses.

More Information: Additional information is available from the SBA.

Kansas Small Business Development Center Resources
Additional small business resources, including free training webinars and information on financial assistance, are listed at the Kansas Small Business Development Center.

Technology Resources

NCKCN Assistance
NCKCN, a NCRPC affiliate, is offering a virtual helping hand to those in need as much as they possibly can during these uncertain times. For those working remotely and those attending classes online from home due to recent events, NCKCN would like to announce that they will be handing out (on a very limited supply and donated “AS IS”) computers to those who need them. NCKCN is also increasing their customer’s Internet speeds who are currently receiving 6Mbps or lower at no additional cost. These are only a couple things NCKCN is doing to help out their local communities. Learn more at NCKCN.

Information from Official Sources

 


Sign up for e-news!n up for our e-newsletter[/su_note]

Archives